Author: NBTC
Aishwary Gupta, Global Head of Payments at Polygon Labs, said that COINS Act will establish the long-awaited clarity in crypto. Gupta insists Indian lawmakers to create a balanced tax regime that ensures compliance while encouraging innovation. The COINS Act was recently introduced in India by Web3 venture firm Hashed Emergent and policy group Black Dot. It wants to create clear rules for the crypto industry, focusing on stopping money laundering, protecting the right to hold your own crypto, and addressing privacy issues. Several industry leaders, including Aishwary Gupta, Global Head of Payments at Polygon Labs, have welcomed the proposal. Gupta…
Bitcoin continues to show resilience near all-time highs, and new on-chain data suggests there may still be room for the rally to extend. The price may still rise before hitting significant resistance, according to a July 17 analysis by CryptoQuant contributor Darkfost. The focus is on a subset of investors who purchased Bitcoin (BTC) in the past few months, referred to as short-term holders. A common way to track their behavior is through the Market Value to Realized Value ratio, which compares the market price of Bitcoin to the average price paid by these holders. The MVRV ratio is used…
For a week, at least, spot Ethereum exchange-traded funds outpaced their Bitcoin counterparts. The nine ETFs tracking ETH generated more than $1.8 billion in net inflows this week, continuing a 16-day positive streak, according to U.K. asset manager Farside Investors, as interest in the second-largest cryptocurrency mushrooms. The 12 Bitcoin funds added just $70 million in assets over the same period, with three of the five days showing net outflows for the funds. Bitcoin has historically been on top, but this week, Ethereum dominated crypto ETF flows. “Many [investors] own Bitcoin ETFs and are increasingly interested in diversifying,” Ric Edelman,…
With more than $250 billion in stablecoins now circulating, most of it backed by US Treasuries, assets like Bitcoin (BTC) are becoming a major aspect of global markets and capital flow. As regulatory concern mounts and the stakes rise, those who can mint at scale and move sizable capital into the ecosystem may become one of the pillars of a new financial era. According to Andrei Grachev, Managing Partner of Falcon Finance, a synthetic dollar protocol, the bar we put up for stablecoin infrastructure must therefore match that of traditional financial institutions: “If a stablecoin wants to operate at macro…
Following Bitcoin’s consecutive record highs earlier this week, Ethereum and altcoins are on the offensive. ETH has climbed above $3,100, while altcoins have also seen significant gains. While this rise reignited the enthusiasm in the market, cryptocurrency analysis company Santiment said in its latest post that investors showed intense interest in Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), PEP, PEPE and MicroStrategy (MSTR) on social media. Bitcoin (BTC): The word ‘BTC’ has been trending on Reddit, Telegram, and Twitter due to intense discussions about Bitcoin’s price movements, investment strategies, and market dominance. This signals an upward trend and increasing adoption. Bitcoin…
After years of lagging behind global competitors, the US may finally be catching up on crypto policy, according to Senator Cynthia Lummis. In the latest episode of “Decentralize with Cointelegraph,” the Wyoming senator said recent developments mark a turning point. Milestones and progress “There were at least two significant milestones,” Lummis said, referring to last week’s so-called “Crypto Week” in Congress. The first was the GENIUS Act legislation, which authorizes payment stablecoins, went to President Trump’s office and was officially signed into law; the second, the CLARITY Act, will now go to the Senate for consideration. Lummis, who co-authored a…
Centibillionaire Elon Musk has reacted to a joke about cracking Satoshi Nakamoto’s Bitcoin wallets with a laughing emoji. X user @CtrlAltDwayne, who caught Musk’s attention, facetiously asked Grok (Musk’s popular AI chatbot) to hack Satoshi’s Bitcoin riches in exchange for $200. Musk’s succinct reaction to a frivolous Bitcoin post has not gone unnoticed by members of the Bitcoin community, who are busy speculating about the centibillionaire’s rekindled interest in crypto-related content. Will Satoshi challenge Musk? Meanwhile, some are already speculating about Satoshi potentially dethroning Musk as the world’s richest person due to Bitcoin’s rapid price appreciation. Following the cryptocurrency’s latest…
Ethereum, the second-largest cryptocurrency by market capitalization, has set a new record in open interest. Ethereum (ETH) open interest on CME Futures has reached an all-time high of $7.85 billion, according to Maartunn, a community analyst at on-chain analytics platform CryptoQuant. ETH Open Interest on CME Futures hits ATH by $7.85B 🐱🏍 pic.twitter.com/Vg7oFnfrOd — Maartunn (@JA_Maartun) July 26, 2025 Open interest refers to the total number of outstanding futures contracts that have not yet been settled. Ethereum open interest dominance has increased, reaching its highest level since April 2023, indicating a significant shift in the market’s focus. According to Glassnode,…
A relatively new ruble-denominated token, A7A5, is showing signs of usage for potential access to dollar liquidity and money laundering. The token carried $9.3B in swaps, mostly originating from whale wallets. A newly launched stablecoin A7A5, which is backed by Russian rubles, has shown significant volumes originating from whale wallets. The asset still has a relatively small supply and volumes, but may still be used to shift assets into USDT, unlocking dollar-based liquidity and bypassing embargoes against Russian capital. In its early trading stage, A7A5 only has a single Uniswap V2 trading pair, in addition to being used on the…
A single unknown wallet now holds $5.4B worth of SHIB, raising fears of market manipulation and undermining decentralization claims. Despite whale concerns, Shiba Inu expands its ecosystem with Shibarium, ShibaSwap, and metaverse projects in 2025. Shiba Inu, the second-largest memecoin by market cap, is back in the spotlight. Not because of its impressive 19.7% gain over the last two weeks, but due to one shocking revelation. According to new data from a well-known blockchain analytics platform, a single wallet now holds over 410 trillion SHIB tokens, representing 41% of the total supply. At current prices, that’s worth more than $5.4…